Long-term Fixed Deposits (FDs) are among the most secure and reliable investment options for individuals seeking consistent returns and financial stability. These deposits offer guaranteed interest rates, making them an ideal choice for long-term financial goals such as retirement planning, higher education, or wealth creation. Among the many options available, Bajaj Finance Fixed Deposits stand out for their attractive interest rates, flexible tenures, and customer-centric features, making them a preferred choice for both regular and senior citizens. Check rates.
Long-Term Fixed Deposit
Maximize returns with a long term fd. Compare top long term deposit interest rates and secure your future with a stable long term fixed deposit today
What is a long-term fixed deposit?
Long-term fixed deposits are a popular investment option for individuals looking for low-risk, high-stability returns over a specific tenure. Below is an overview of their key features:
| Features | Details |
|---|---|
| Definition | A secure investment type offering fixed returns for a specified period, unaffected by market fluctuations. |
| Tenure Options | Flexible tenures ranging from 12 months to 60 months (Bajaj Finance FD). |
| Interest Rates | Up to7.30% p.a. for senior citizens (Bajaj Finance FD). |
These deposits are perfect for those who prefer predictable returns and want to avoid the uncertainties of market-linked investments. Open FD account.
Long-term fixed deposit interest rates
When choosing a long-term FD, the interest rate is a critical factor. Bajaj Finance Fixed Deposits offer competitive interest rates to maximise returns:
- Non-senior citizens: Up to 6.95% p.a. (e.g., for a tenure of 24 to 60 months).
- Senior citizens: Up to 7.30% p.a. (e.g., for a tenure of 24 to 60 months).
These rates are accurate w.e.f 11 June, 2025 and are subject to periodic changes.
Benefits of choosing a long-term fixed deposit
Long-term FDs provide several advantages, and Bajaj Finance Fixed Deposits amplify these benefits with their customer-focused features:
- Guaranteed returns: Unlike market-linked investments such as mutual funds, Bajaj Finance FDs offer fixed interest rates, ensuring risk-free returns.
- High stability: Bajaj Finance FDs are backed by CRISIL’s highest safety rating of AAA/STABLE and [ICRA]AAA(Stable), ensuring the security of your investment.
- Higher interest for senior citizens: Senior citizens can earn up to 7.30% p.a., making it an excellent option for post-retirement income.
- Flexible tenures: Choose from a wide range of tenures between 12 and 60 months to align your investment with your financial goals.
- Low minimum deposit: Start investing with a minimum deposit of Rs. 15,000, making it accessible to a wide range of investors.
- Payout flexibility: Opt for interest payouts as per your needs—monthly, quarterly, half-yearly, annually, or at maturity.
- Online account opening: Open an FD account conveniently through the Bajaj Finance online portal with a seamless and secure process.
Why long-term FD is better than short-term FD
When it comes to fixed deposits, choosing between long-term and short-term tenures depends on your financial goals. The following table highlights the key differences:
| Feature | Long-Term FD | Short-Term FD |
|---|---|---|
| Liquidity | Matures after 12–60 months | Matures in less than 12 months |
| Interest Rates | Generally higher | Usually lower |
| Ideal for | Long-term goals, retirement, and wealth creation | Short-term goals and quick liquidity needs |
| Tax Benefits | Eligible for tax-saving schemes under specific conditions | Not eligible for tax savings |
Long-term FDs are ideal for individuals seeking higher returns and financial stability, while short-term FDs are better suited for immediate liquidity needs.
How to apply for a long-term FD
A step-by-step guide to invest in a fixed deposit:
1. Visit the Bajaj Finserv website or download the app from Google Play Store or App Store
2. Navigate to 'Investments' and click on 'All Investments' on the home page
3. Click on 'Digital FD' icon. You will be redirected to the Fixed Deposit (FD) page
4. Click on ‘OPEN FD’. The online application form will open
5. Enter your 10-digit mobile number and verify the OTP sent to your phone
6. Fill in the investment amount, choose the investment tenure and the payout frequency. Enter your PAN card and date of birth
7. Complete your KYC
- If you are an existing customer, confirm the details available with us, or edit to make any changes
- For new customers, complete your KYC using Aadhaar Card
8. A declaration will be displayed. Please read it carefully and agree to the terms and conditions
9. Enter your bank details and proceed to pay
10. Complete your investment using NetBanking/ UPI or NEFT/ RTGS
Once your fixed deposit is booked, you will receive the Fixed Deposit Acknowledgement (FDA) on your registered email address and as a link on your mobile number. An Electronic Fixed Deposit Receipt (e-FDR) will also be sent to your email ID within 3 working days (subject to documents being in the correct order)
Eligibility criteria and documents required
Anyone can book our fixed deposit if they meet the basic criteria mentioned below.
- Nationality: Resident Indians / Non-Resident Indians
- Investor Type: Corporate, Individuals, Senior Citizens, Minors, Sole Proprietorships, Partnership Firms, HUFs, Clubs, Associations, Societies, and Family Trusts
Documents required
- PAN and any KYC document: Aadhaar card/Passport/Driving license/Voter ID
*Documents can also be fetched from registered KYC.
You can update KYC Via CKYC, OKYC & VCIP
Non-Resident Indians (NRIs), Persons of Indian Origin (PIO) and Overseas Citizens of India (OCI) can connect with our representative or write to us on wecare@bajajfinserv.in
Conclusion
Long-term fixed deposits are a secure and dependable investment option for individuals looking to achieve financial stability and long-term wealth creation. Bajaj Finance Fixed Deposits, with their competitive interest rates, flexible tenures, and robust safety ratings, are an excellent choice for both regular and senior citizens. By offering guaranteed returns and a seamless application process, Bajaj Finance makes it easy for investors to grow their savings and secure their financial future.
Explore the benefits of Bajaj Finance Fixed Deposits today and take a step towards achieving your long-term financial goals.
Frequently Asked Questions
How can I choose the best long-term FD scheme?
Compare interest rates, tenures, and safety ratings. Bajaj Finance FDs, with AAA/STABLE credit ratings, ensure stability and competitive returns.
Why should I choose an FD for the long term?
Long-term FDs offer better interest rates, guaranteed returns, and financial security, making them ideal for significant financial goals.
How long can I invest in a fixed deposit?
Bajaj Finance Fixed Deposits offer flexible tenures ranging from 12 to 60 months, catering to various financial needs.
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